Advanced Audit

Catalog description

The objective of this course is to allow students an opportunity to build upon the knowledge and principles of auditing to engage in a simulated audit. This will help students: (i) enhance understanding and align auditing concepts with the practice of an audit; (ii) allign assertions and specific audit procedures to be performed; (iii) practice audit risk assessment, both at the macro level in regards to client acceptance and at a more detail level in using the audit risk model to assess sufficient, appropriate audit evidence; (iv) apply audit sampling concepts to conduct audit testing of controls,transactions, analytical procedures, and details of balances; (v) prepare an audit report and apply professional guidance; (vi) develop project management and presentation skills and work in a team environment.